fha loan: The FHA Loan Advantage - FHA LOAN TIPS - 06/19/08 07:14 AM
The FHA Loan Advantage - FHA LOAN TIPS
 
In many states of the U.S., the FHA loan has not been utilized for years, so a lot of real estate agents and mortgage originators aren't familiar with this great resource.
The following are a just a few of the recent changes that have made FHA loans a more attractive option again for some consumers looking to buy a new home or A mortgage refinance an existing one:
 
1) Congress passed the Stimulus Act of 2008. During the recent housing boom, home values surpassed FHA loan limits in many regions of … (0 comments)

fha loan: How To - Refinance a Streamline FHA Loan - 03/27/08 09:41 AM
FHA Streamline Refinance is a rate reduction Loan program for FHA mortgage borrowers. The streamline FHA program refers to the lesser amount of documentation and underwriting in the process. With a FHA Streamline Refinance loan you do not need an appraisal, a credit check, income verification or employee verification


FHASecure is a new FHA loan program that will give you a refinancing option enacted on August 31, 2007 to assist home owners who are now facing a mortgage default or foreclosure due to the mortgage payment adjustment of their subprime loans.

Streamline FHA Refinance Guidelines

Your Home … (0 comments)

fha loan: Low Refinance Mortgage Loan - Federal Reserve Cut Rates - 03/13/08 08:25 AM
Rate Cut - Is it Time for a Low Refinance Mortgage Loan
  Interest rates are the lowest they have been in 5 years and are expected to drop more over the next couple of weeks.
The Federal Reserve has dropped interest rates again, the fifth straight cut since September 2007. In its statement last week, the Federal Reserve said it had decided to cut the federal funds rate" in view of a weakening of the economic outlook and increasing downside risks to growth." In other words, economic data suggests the US is on the brink of recession, and the … (3 comments)

 

Janice Wright

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